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FORM NO. 15G [See section 197A(1C), 197A(1A) and rule 29C] Declaration under section 197A(1) and section 197A (1A) of the Income tax Act, 1961 to be made by an individual or Person (not being a company
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How to fill out download form 15g for
How to fill out download form 15g for
01
To fill out download form 15G, follow these steps:
02
Download the form 15G from the official website of the income tax department.
03
Read the instructions carefully before filling out the form.
04
Provide your personal details such as name, address, PAN card number, etc.
05
Fill in your financial details like income, previous year's total income, etc.
06
Declare that you are not liable to pay tax on the income mentioned.
07
Sign and date the form.
08
Submit the filled form to the financial institution or person responsible for deducting tax.
09
Keep a copy of the filled form for your records.
Who needs download form 15g for?
01
Download form 15G is needed by individuals who meet the following criteria:
02
- You are a resident individual below 60 years of age.
03
- Your total income for the financial year is below the taxable limit.
04
- You have interest income from fixed deposits, recurring deposits, or bonds exceeding Rs. 40,000, and you want to prevent tax deduction at source (TDS) on that income.
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What is download form 15g for?
Form 15G is used to inform the tax authorities that an individual's income is below the taxable limit and hence no TDS should be deducted on it.
Who is required to file download form 15g for?
Individuals whose income is below the taxable limit and meets the specified criteria are required to file Form 15G.
How to fill out download form 15g for?
Form 15G must be filled out with accurate personal and income details, and submitted to the relevant financial institution where TDS deduction is expected.
What is the purpose of download form 15g for?
The purpose of Form 15G is to prevent unnecessary TDS deduction on income that is below the taxable limit.
What information must be reported on download form 15g for?
Information such as name, PAN, income details, and declaration of income being below taxable limit must be reported on Form 15G.
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